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Sun, Apr 19, 2026 01:41 AM All times are UTC

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German finance minister Schäuble rules out fiscal easing

Nov 18, 2016 12:00 pm UTC| Commentary Economy

While the financial markets can expect the new US administration under newly elected President Donald Trump to take the easing baton from the Federal Reserve, such a possibility is very grim for Eurozone. The European...

Czech Republic unlikely to take any steps to adopt euro in near future, says KBC

Nov 18, 2016 11:57 am UTC| Commentary Economy

The Czech economy is gradually slowing down in 2016 after registering significantly strong growth rate in 2015. Exports and household consumption are mainly driving the Czech economys demand side. On the contrary,...

Watch out for weekend press conference from chancellor Merkel

Nov 18, 2016 11:44 am UTC| Commentary Politics

German chancellor Angela Merkel is set to hold a press conference on Sunday and the market is speculating that it would be on whether she is running for the fourth time or nor not to become the chancellor of Germany. Ms....

Japan’s economic growth unlikely to accelerate significantly in coming years

Nov 18, 2016 11:34 am UTC| Commentary

After three years of Abenomics, the conclusion appears to be rather subdued. Last year, Japans economy had expanded by a disappointing 0.6 percent. The Japanese economic growth is unlikely to accelerate in the years ahead,...

U.S. 5-year inflation expectations rise to 2.4 pct following effects of Trumpflation

Nov 18, 2016 11:20 am UTC| Commentary Economy

The long-term five-year inflation expectations have risen in the United States, following plausible effects of Trumplation. Markets seem to have bought into the story that Trump will boost growth through infrastructure...

USD/JPY likely to settle around 106 by end-2016, says Lloyds Bank

Nov 18, 2016 10:53 am UTC| Commentary

In the last month, the USD/JPY pair has exhibited increased levels of volatility, especially after Donald Trump won the U.S. Presidential elections. Since JPY is the markets preferred safe-haven currency, the Japanese yen...

Norway’s domestic consumption remains strong, net exports to continue growing

Nov 18, 2016 10:41 am UTC| Commentary

The Norwegian economy had started this year on a strong footing. The economy had unexpectedly registered a strong growth of 1 percent quarter-on-quarter on seasonally adjusted basis in the first quarter. But after looking...

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Economy

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

IMF Warns Middle East War to Deepen Economic Divide Across Latin America and Caribbean

The ongoing Middle East conflict is expected to widen economic inequality across Latin America and the Caribbean, according to the International Monetary Fund. While oil-exporting nations stand to gain short-term...

Politics

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

UNICEF Condemns Killing of Aid Workers Delivering Water in Gaza

The United Nations childrens agency UNICEF has expressed outrage following the fatal shooting of two contracted truck drivers who were delivering clean water to families in the Gaza Strip. The deadly incident occurred on...

Iran Reopens Strait of Hormuz Amid Fragile Ceasefire and Ongoing Nuclear Tensions

Iran has temporarily reopened the Strait of Hormuz to commercial shipping following a U.S.-brokered ceasefire between Israel and Lebanon, sparking cautious optimism in global markets. However, Tehran issued a stark warning...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...